US-Iran war: Moody’s confident India can withstand fiscal deficit target breach

🇮🇳 The Times of India (IN) —
US-Iran war: Moody’s confident India can withstand fiscal deficit target breach

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Moody's affirms India's credit rating at Baa3 with a stable outlook, highlighting the government's steady progress in fiscal consolidation post-COVID-19 pandemic. The rating reflects India's resilience amid global economic challenges linked to the US-Iran conflict.

Moody's currently rates India at Baa3, the lowest level within the investment-grade category, with a stable outlook. According to de Guzman, the rating reflects the government's consistent progress in strengthening its fiscal position since the Covid-19 pandemic.

World Markets Moody's India credit rating fiscal deficit economic outlook US-Iran conflict

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